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Gold dips on profit-taking as price rally falters
short by Kalpesh / on Thursday, 25 April, 2024
Gold prices slipped on Thursday as investors booked profits after a sustained rally and pressure from institutional investors looking to raise cash, while focus shifted to U.S. economic data for clues on the Federal Reserve's rate path.Spot gold was down 0.1% to $2,313.44 per ounce by 0443 GMT, on its fourth straight session of decline.
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